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Onward Holdings Reports Profit Growth and Dividend

Onward Holdings Reports Profit Growth and Dividend

Onward Holdings Co., Ltd. (JP:8016) has released an update.

Onward Holdings Co., Ltd. reported a modest 2.9% increase in net sales for the three months ended May 31, 2024, compared to the previous year, with a significant 20.1% rise in profit attributable to owners despite a slight decline in operating profit. The company’s financial forecast for the full year anticipates continued growth, projecting a 5.5% increase in net sales and a 24.8% rise in profit attributable to owners. Shareholders are to expect a year-end dividend of 24.00 yen per share, consistent with the company’s dividend forecast.

For further insights into JP:8016 stock, check out TipRanks’ Stock Analysis page.

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